Funding arb · Price arb /

DYM

all DYM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Binance against Bybit+0.156%7-day average +0.125% · you sell dearer than you buy

Net, funding: paid 7d − costs−$356as in the Funding arb table

Net, price: spread back to 7d avg − costs−$351as in the Price arb table

costs, in and out, $10k−$3543.544% of the position

Long on Bybit Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.019%−$2 on $10k

Price spread, last 4 days (all we have)−0.054%−$5 · spread now +0.156%, 7d avg +0.125%

Together, before fees−0.072%−$7 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.031% dearer against Bybit than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.125%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit DYMUSDT	0.01846	0.0100	pay 0.0050% / 4h	44m 07s	$786K	$455K	25x
Short	Binance DYMUSDT	0.01849	0.0100	get 0.0050% / 4h	44m 07s	$2.4M	$4.5M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Bybit. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BybitbpFee BinancebpOrdersPrice spread, now +0.156%Rate

Funding earned: $0
Price spread: +0.156% → +0.125%: $3.08
Slippage, 4 orders: −$333.36
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Binance: 5 bp × 2 orders: −$10
Net: −$351.28
Costs to cover: 3.544%
Break-even: never at this rate

Slippage from Bybit: live order book, 11 min ago; Binance: live order book, 8 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Bybit live order book, 11 min ago	8.15 bp	150.3 bp −$150	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 8 min ago	2.72 bp	32.2 bp −$32	160.1 bp −$1,601	doesn't fit	doesn't fit

DYM on 14 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX DYM-USD	+0.0031%	1h	0.01842	−0.237%	$252	$5	5x	as long as short
Injective DYM/USDC PERP	+0.0033%	1h	0.01718	−6.934%	$237	$12K	5.5x	as long as short
Hyperliquid DYM	+0.0100%	1h	0.01846	0.000%	$371K	$242K	3x	as long as short
Aster DYMUSDT	+0.0100%	4h	0.01845	−0.065%	$76K	$5K	5x	as long as short
Binance DYMUSDTshort	+0.0100%	4h	0.01849	+0.156%	$2.4M	$4.5M	10x
Bybit DYMUSDTlong	+0.0100%	4h	0.01846	long leg	$786K	$455K	25x
Gate DYM_USDT	+0.0100%	4h	0.01841	−0.271%	$146K	$90K	25x	as long as short
MEXC DYM_USDT	+0.0100%	4h	0.01848	+0.108%	$1.2M	$580K	20x	as long as short
Bitget DYMUSDT	+0.0100%	4h	0.01846	0.000%	$408K	$159K	25x	as long as short
BingX DYM-USDT	+0.0100%	4h	0.01845	−0.054%	—	$24.7M	—	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni DYM	+0.0100%	4h	0.01840	−0.343%	$9K	$5K	—	as long as short
Extended DYM-USD	+0.0104%	1h	0.01847	+0.072%	$3K	$288K	5x	as long as short
KuCoin DYMUSDTM	+0.0288%	4h	0.01846	0.000%	$435K	$142K	25x	as long as short
Kraken Futures PF_DYMUSD	+0.3686%	1h	0.01852	+0.332%	$15K	$5K	10x	as long as short